Video web storage technology provider VideoCells raised $3.2 million

noreply@blogspirit.com (ARPU~UP) — Sun, 01 Feb 2009 15:36:00 +0100

Video web storage technology provider VideoCells has raised $3.2 million in a new financial round led by Israeli entrepreneur, Marc Belzberg. The cash infusion will be used to enhance the company marketing and sales efforts in the video surveillance market.

VideoCells developed a video management platform, called WebVR, which offers a low-cost IP-based, central service that allows the user to remotely record, view and manage content. The solution, that reduce the cost of monitoring services to SMBs, remote locations and homes, targets surveillance companies, telecom operators and ISPs.

VideoCells is a provider of video monitoring solutions that enable broadcasting of real-time and recorded video streams from IP, analog and web cameras to PCs, cellular phones, PDAs and TVs. Established in 2004, the company, managed by Stuart Steinberg, is located in Petach-Tikva, Israel.

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Video web storage technology provider VideoCells raised $3.2 million